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NORTHERN SUN MINING CORP LBEFF



GREY:LBEFF - Post by User

Comment by victor2009on Aug 01, 2010 5:20pm
143 Views
Post# 17314147

RE: LME Manipulation? Probably

RE: LME Manipulation? ProbablyRocky,

You say: "...Nickel can be produced & stored in one geographic area and be taken out in another"

So, Rockbottom,  you are saying that Jilin Jien will get Liberty's nickel by some sort of short cut that it is stored somewhere in Canada and taken out in China? What will they do, bribe the LBE miners to just keep digging until they reach China and bring the nickel with them? That's as weird a hallucination as Junior Stromtrooper was affilcted by when he had Xstrata and Jilin Jien involved in some exchange of credits and funny bookkeeping scheme. You guys should quit snorting whatever that mind blowing substance is, and get it out on the street - you'll eventually recover some of the money you've lost on your investment of choice.

For once, try thinking of companies being governed by laws, regulations  and contracts and adhering to them. You guys are so used to being dishonest, you can't think honestly or rationally.

Don't you get the simple fact that LBE is selling all of its production to Xstrata for cash, with the blessing of Jilin Jien. And that the permit (which isn't being used at this time) that would allow Jilin Jien to take the nickel direct expires in November 2010. It's really quite simple, you might have a six year old relative somewhere that could walk you through it.

As for your 11 cent price prediction, I'll give you mine. On Friday the market cap of ISM was $15M, LBE was $25M. That is, LBE's market cap was 1.67 times ISM's market cap. I'll predict that (as tonyg would say, sooner rather than later) before January 1, 2010,  LBE's share price is 1.67 times that of ISM.  My guess is this will happen on a day that ISM hits 17 cents and LBE passes 28 cents. Now won't that hurt, Rocky.
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